Latest in Tag: SME Highlight

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Latest in Tag: SME

HDB graduates first batch in the SMEs financing training course

The Housing and Development Bank (HDB) and FA Group for Financial Consulting have held a graduation ceremony for the first batch of small- and medium-sized enterprises (SMEs) financing training course, which included 25 of the bank’s employees. Graduation certificates were given to the trainees in the presence of the former governor of the Central Bank …

Daily News Egypt

CBE vows to ‘punish’ banks lagging behind in SME support

The Central Bank of Egypt (CBE) vowed to punish banks that lagged behind on the implementation of the initiative launched earlier this year to support the financing of small- and medium-sized enterprises (SMEs). The CBE had earlier committed banks to grant no less than 20% of total loans to SMEs over four years. CBE sub-governor …

Hossam Mounir

‘SME Beyond Borders—the Missing Middle’ starts Monday in Cairo

The much anticipated SME Beyond Borders conference is set to open Monday in Cairo at the Nile Ritz Carlton Hotel on the subject of #TheMissingMiddle. The event is organised by CPI Business in partnership with the National Bank of Abu Dhabi (NBAD). Bringing together thought leaders from the government and public and private sectors, SME Beyond Borders #TheMissingMiddle will address the critical issue of capacity-building for small- and medium-sized enterprises (SME). Speakers will …

Daily News Egypt

EBRD and IDB unit to launch $120m SME fund for Arab states

Reuters – The European Bank for Reconstruction and Development and the private sector arm of the Islamic Development Bank will launch a $120m fund to support small businesses in the southern and eastern Mediterranean region. The fund is part of the first agreement between the EBRD and the Jeddah-based Islamic Corporation for the Development of …

Daily News Egypt